The role of perceived behavioural control as mediator on financial incentives towards saving in a voluntary retirement fund / Radduan Yusof … [et al.]

Yusof, Radduan and Sabri, Mohamad Fazli and Abd. Rahim, Husniyah and Md. Jusoh, Zuroni (2019) The role of perceived behavioural control as mediator on financial incentives towards saving in a voluntary retirement fund / Radduan Yusof … [et al.]. Advances in Business Research International Journal (ABRIJ), 5 (1). pp. 144-156. ISSN 2462-1838

Abstract

The purpose of the mediation analysis is to investigate how perceived behavioural control mediates the relationship between the cash and tax incentives towards the intention to save in a voluntary retirement fund. A quantitative approach was adopted analysing 384 responses collected through a nationwide multistage proportionate cluster sampling. A nonparametric sampling procedure using bootstrapping following the Preacher and Hayes technique in mediating analysis were employed. The specific indirect effect from the bootstrapping result concluded that tax incentives influence the saving intention via perceived behavioural control, in contrast to cash incentives which is not significant. Predicting a person’s intention to save in a voluntary retirement fund is an important issue, and the findings of this study would have practical implications on policymakers and commercial marketers alike, as it would help to encourage retirement savings through voluntary funds to prevent financial insufficiency in the golden age.

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Yusof, Radduanradduan@ns.uitm.edu.my
Sabri, Mohamad Fazlifazli@upm.edu.my
Abd. Rahim, Husniyahhusniyah@upm.edu.my
Md. Jusoh, Zuronizuroni@upm.edu.my
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform > Quality of life
H Social Sciences > HQ The family. Marriage. Woman > Retirement. Retirement industry. Retirees
Divisions: Universiti Teknologi MARA, Shah Alam > Faculty of Business and Management
Journal or Publication Title: Advances in Business Research International Journal (ABRIJ)
Journal: UiTM Journal > Advances in Business Research International Journal (ABRIJ)
ISSN: 2462-1838
Volume: 5
Number: 1
Page Range: pp. 144-156
Official URL: https://abrij.uitm.edu.my
Item ID: 29516
Uncontrolled Keywords: Voluntary retirement fund, Social security, Retirement savings, Financial incentives
URI: http://ir.uitm.edu.my/id/eprint/29516

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